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20121124
20121124
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it or not, the fiscal cliff. huge spending cuts and tax hikes, but president obama wants to raise taxes on rich americans. how about sitting with voters? instead of raising tax rates on the american people and accepting the damage it will do to our economy, let's start to actually solve the problem. now let's focus on tax reform that closes special interest loopholes and lowers tax rates. you know what? and it won't kill the country if we raises taxes on millionaires a little bit. it really won't. i don't think. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ >> welcome back, time for a quick check of the headlines, pope benedict xvi presiding over the ceremony today. to elevate six n
up, i think the argument that obama will have to essentially extend the tax cuts as is come from of the 20 d's who are up, many of them in quite red states and the r's -- either very strong candidates because they all survived in 2008 and got elected against the obama landslide that year. whereas obama agreed to continue the tax cuts because he feared his own reelection, this time it is the democrats in the senate in a similar position obama was. >> thank you very much. i believe there are two narratives and it seems like both are legitimate in their own way. but there is also the question of political psychology. and it is clear some republicans, some moderate republicans, some neo- conservatives, some people who were advisers to governor romney, that they do think that president obama got a mandate and suggest the republicans make major concessions. to what extent in your conversation with house republicans, to what extent this feeling is kind of common among rank and file members? >> the cheerful news from the taxpayer perspective is that the republicans are not at all spooked
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